Mandatory Private Ltd Co. Common Compliance's Ensure A private limited company is held for small-run businesses. It has a perpetual succession the liability of the members is limited by the… Read More
CORPORATE AND PROFESSIONAL UPDATE SEPTEMBER 27 2017 DIRECT TAX: Delhi HC quashes assessment order passed pursuant to ITAT's remand in case of Nokia India (‘assessee’) for AY 2007-08, holds that… Read More
SECTION 12AB AND SECTION 80G REGISTRATION BRIEF INTRODUCTION Charitable organizations are formed with the objective to serve the poorer section of the society and work towards the encouragement of education,… Read More
CORPORATE AND PROFESSIONAL UPDATE SEPTEMBER 23rd 2017 DIRECT TAX Delhi ITAT allows deduction u/s 10B to assessee [(operating an Export Oriented Unit (EOU)] for AY 2010-11 and AY 2011-12 in… Read More
Non-Banking Financial Company (NBFC) Non – banking financial companies are companies registered under the companies act,2013, doing the business of loans and advances buying of shares, debentures, securities, hire–purchase, insurance… Read More
CORPORATE AND PROFESSIONAL UPDATE SEPTEMBER 22nd 2017 DIRECT TAX UPDATES: ITAT Kolkata held that without rejecting the books of account, the ad hoc disallowance made is not sustainable in the… Read More
CORPORATE AND PROFESSIONAL UPDATE SEPTEMBER 22nd 2017 DIRECT TAX UPDATES: ITAT Kolkata held that without rejecting the books of account, the ad hoc disallowance made is not sustainable in the… Read More
CORPORATE AND PROFESSIONAL UPDATE SEPTEMBER 21 2017 DIRECT TAX UPDATE : Delhi ITAT allows deduction for provision regarding year-end circuit accruals (i.e. infrastructure cost and last mile charges paid to… Read More
CORPORATE AND PROFESSIONAL UPDATE 19 SEP 2017 Direct tax Madras HC confirms ITAT order, holds that commission paid by assessee-individual (engaged in garments exports) to an Indian agent on behalf… Read More
Direct Tax 1.Gov.has now set its sights on overhauling the 56-year-old direct taxes law covering income and corporation taxas it seeks to make the Indian regime more contemporary and tailor it… Read More